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- S.3076
S.3076: FACT Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced May 10, 2012
- Latest Major Action May 10, 2012
Bill Sponsor
Bill Summary
Furthering Asbestos Claim Transparency Act of 2012 or FACT Act - Amends federal bankruptcy law concerning a trust formed under a plan of reorganization following the discharge in bankruptcy of a debtor corporation in order to assume the debtor's liability with respect to claims seeking recovery for personal injury, wrongful death, or property damage allegedly caused by the presence of, or exposure to, asbestos or asbestos-containing products....
(Source: Library of Congress)
Bill Actions
Date | Description |
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Read twice and referred to the Committee on the Judiciary.
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May 10, 2012 |
Introduced in the Senate by Tom Coburn (R-Okla.) |